(https://news.google.com/rss/articles/CBMiqgFBVV95cUxQMzBVQ2Q5NE5xbnZNV294LUpQZGhfSTBrMEdFa0VybjNBNTlZLUlLb1ozZjIxVllLcHBIazdBMEJvbjNjc3VwZmI4VTdBZ2ViUllFVFlFY3o2enh3bkpKSXlWTWN1c2V2V3laZ2s2YS01UTNIS2xhdXkzYjBUbVJTd0VEckY0eEVEelJOaTY3LXNYc0daYmcxLW9Helh0eFFLeVJ0RXZhRzB4UdIBrwFBVV95cUxOTWVtWGcySXNEMWpIQ1czX1dSbmJJZnZLaU1WYTd3U0Q4M1QwWTNQaTdFVTRNMXVkSXZ4QzJzcklPVFAzejl3RUxQckVkVGh3WkxNWTZ5YUFDYmNkTDAzV081N2lTaXIxTDZ3eXloVV9uSC02RVBab3V3cWgybkgzYnplV2FPNklucFphQUNHMXpJVS1fSHVqUTNkbnpJVU5iVTB3ZG11V290X3JZQVRZ?oc=5) is this week's consensus narrative, and Oracle is exhibit A in the bear case. But that misses the actual signal hiding in the tape. Oracle's net margin stands at 24.6%—robust profitability that masks deeper structural questions.

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